Institutional arrangements for climate finance governance in China

Authored with the Research Centre for Climate and Energy Finance at the Central University of Finance and Economics, this report calls for a radical overhaul of China’s climate financing mechanisms, up to 5% of central and local government income channelled to climate funds as well as the setting up of a new, high-level Climate Change & Energy Agency and an International Climate Development Agency.

The report identifies a number of challenges regarding China’s climate policy and financing, and suggests a series of institutional reforms combined with new strategies to address those challenges.